Disney 2019 Trading Range? The story around Disney seems to be particularly compelling to investors in 2019. It is not suffering the same kind of pull back we saw in FAANG stocks, becuase it trades at 15 times earnings and has interesting growth prospects. It has traded sideways, mostly, since jumping up to the $100 range in January of 2015.
Bullish case : The coming streaming service generates 30 million subscribers inside of 3 years, Disney parks continuing to print money (now including Shanghai Resort Park), Marvel & Star Wars continue to print money, Margins don't decrease too fast on TV business
Bear Case : Streaming Service can't get users from Netflix, Recession hits park businesses, Margins on TV business deteriorate, Larger tech stock bubble brings down good with the bad.
A trading range of $102-$130 seems possible.
Disney
DISNEY Buy IdeaDISNEY Buy Idea @ Monthly Demand Zone (100.08 - 96.50)
Buy Limit: 100.25
Stop Loss: 95.68
Take Profit: 110.80
Risk Management = 0.01/$100
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:1.5 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
Goofy goes scuba divingPossible double top. It could also look as a bullish pennant breakout and retest, but the possibility of a fakeout and double top is very real. The breakout looks really weak. + those last two candles, lol. Bullish meme pennant charts everywhere. I hope I'm wrong
Yeah it looks like there's plenty of bubbles forming possible tops everywhere I look
Just posting random ones, they're endless
DISNEY REBOUND OFF STRONG SUPPORT BULLISHDIS is as many big name stocks are currently sliding down as earning reports are being reported across the financial sector. Despite this I remain bullish about Disney due to strong fundamentals coming in 2019 and techncial analysis on the shorter term.
A few bullish points that I see for Disney on the shorter term.
- Ichimoku showed point of entry on OCT 15 as the tenken-sen crossed the kijun-sen on the daily.
Strong support being met on multiple levels
- 100 EMA acting as support
- Top side of kumo cloud
- 3 point touch on the ascending lower trend line
I expect DIS to bounce off this support and test upper trend line once again of $117.
***Any information represented here is my opinion only and not intended to be used for financial gain. None of the information posted here is to be considered financial advice. Information posted here is strictly for entertainment purposes only. Please consult your financial professional before making any kind of investment. Investments can be very risky and any investor should educate themselves before investing by enlisting the help of a licensed financial professional. Past results are not indicative of future results in any construable way.***
DSNY broke it's wedge to the upside. Likely to spike.DSNY is primed for a great bull run for the next three years, as it ramps up it's subscription streaming platforms. Seeing that NFLX's market cap is valued at roughly the same as DIS, one can see how much premium Wall Street could give Disney's online streaming plays. From a chart perspective, DIS recently broke out of a wedge. Given DIS out-of-the-money call options a year or two only contain around 22% implied volatility, these options have tremendous upside.
Long Term View for Disney StockDisney has been lagging inside of a triangle formation for almost 3 years. But i believe in the next months it will prepare itself for a big move. This is a great opportunity for long term and patient investors. I would start accumulating when stock price goes below 104.
Share your opinion, comments and questions. Good Luck!
Disney Is Untouchable Right NowThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is currently in a period of consolidation where the direction of movement is unknown and unpredictable.
Conclusion: We first need to see a breakout above resistance or below support before considering taking a trade.
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Sublime Trading
Walt Disney analysis 111.85 has been a key support on many occasions before on the daily timeframe and just recently it has been used as a support, the price again is coming down to test this 111.85 price and could again bounce and go long.
You can also see that price is staying in the trend lines, so an all round bullish movement is expected with some pullbacks, we will be buying on all the pullbacks and compounding.
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Disney breaking out?Disney has been in a bullish pennant formation for awhile now. Price has been squeezing and is ready to make a large move. The Bollinger bands have been squeezing and we've been bouncing off the 50 level on the RSI each time, staying in bullish territory. We're about to get a bullish cross on the TSI which in my opinion would be a signal for another bull run for Disney.
There's still the possibility this is a false break out, but it looks pretty good for now.
Disney: Short-term Trend Down, may become BullishFrom the trend line data, we can see that Disney may appear to be bearish at the moment. However, we may see several buy in positions in the next few months. We have a heavy Support line (Support 1) from the 200 Moving Average (MA) coming in around 105.5, which could be a potential short trade to ~118. If the moving average does not hold, Support 2 may provide another potential buy in. However, if Support 2 does not hold, Disney may be in for a bearish run. Keep you guys updated! Safe trading!
Disney Retail Trap: Correction on the horizonDisney receiving a boost from the downfall of Netflix, with many seeing this as the perfect hedge against the FAANG giant. The strong bullish candles steaming into a strongly established supply zone smells like a retail trader trap this time. I expect price to reach above stops around 113 of the previous move and into my grey and red zones where I expect heavy selling to occur. Buyers would be epected to make an appearance at 106 and 100 for the time being. Contrary to Fundemental analyst predictions, earnings announcments may drop this down below 100, but nothings certain so preceed with caution around earnings time.
WALT DISNEYThe breakout of the blue trendline (and for breakout I mean a close above the trendline) will give a bullish signal on Walt Disney. First target (where to close part of the position with concomitant movement of the stop at break-even) in the area $ 107.25/107.30. The stop loss at $ 98.65/98.60. Personally, I will wait for an eventual pullback (or, at least, a Ross Hook, before opening a long position).